Filing Details
- Accession Number:
- 0000944695-19-000196
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-12-18 14:48:39
- Reporting Period:
- 2019-12-16
- Accepted Time:
- 2019-12-18 14:48:39
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 944695 | Hanover Insurance Group Inc. | THG | Fire, Marine & Casualty Insurance (6331) | 043263626 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1709075 | J Bryan Salvatore | C/O The Hanover Insurance Group, Inc. 440 Lincoln Street Worcester MA 01653 | Executive Vice President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-12-16 | 634 | $82.39 | 6,728 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-12-16 | 634 | $135.95 | 6,094 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Option (right to buy) | Disposition | 2019-12-16 | 634 | $0.00 | 634 | $82.39 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,774 | 2027-06-12 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Common Stock Option (right to buy) | $82.39 | 2027-06-12 | 21,052 | 21,052 | Direct | |
| Common Stock | Common Stock Option (right to buy) | $82.39 | 2027-06-12 | 17,408 | 17,408 | Direct | |
| Common Stock | Common Stock Option (right to buy) | $104.11 | 2028-02-27 | 16,394 | 16,394 | Direct | |
| Common Stock | Common Stock Option (right to buy) | $117.22 | 2029-03-05 | 7,732 | 7,732 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2027-06-12 | 21,052 | 21,052 | Direct |
| 2027-06-12 | 17,408 | 17,408 | Direct |
| 2028-02-27 | 16,394 | 16,394 | Direct |
| 2029-03-05 | 7,732 | 7,732 | Direct |
Footnotes
- Exercise of options and subsequent sale of shares were effected pursuant to a Rule 10b5-1 Trading Plan.
- Option award previously granted by the Issuer on June 12, 2017. On December 13, 2019, pursuant to the terms specified in the award, the exercise price of this award was automatically adjusted from $83.89 to $82.39, and the number of shares underlying the award was automatically adjusted from 20,674 to 21,052 to reflect the issuance of a $2.50 special dividend payable on December 27, 2019 to all shareholders of record on December 16, 2019 (the "Special Dividend")
- The award vested in full on the second anniversary of the date of grant.
- Option award previously granted by the Issuer on June 12, 2017. On December 13, 2019, pursuant to the terms specified in the award, the exercise price of this award was automatically adjusted from $83.89 to $82.39, and the number of remaining shares underlying the award was automatically adjusted from 17,096 to 17,408 to reflect the Special Dividend.
- A third of the award vested on each of the first two anniversaries of the date of grant, and the remaining third will vest on the third anniversary of the date of grant.
- Option award previously granted by the Issuer on February 27, 2018. On December 13, 2019, pursuant to the terms specified in the award, the exercise price of this award was automatically adjusted from $106.01 to $104.11, and the number of shares underlying the award was automatically adjusted from 16,100 to 16,394 to reflect the Special Dividend.
- A third of the award vested on the first anniversary of grant, and another third will vest on each of the second and third anniversaries of the date of grant.
- Option award previously granted by the Issuer on March 5, 2019. On December 13, 2019, pursuant to the terms specified in the award, the exercise price of this award was automatically adjusted from $119.36 to $117.22, and the number of shares underlying the award was automatically adjusted from 7,593 to 7,732 to reflect the Special Dividend.
- A third of the award will vest on each of the first three anniversaries of the date of grant.
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